| theory and practise of harmonised indices of consumer prices (hicp) | |
| Course Leader | Kristiina NIEMINEN |
| Target Group | - Statisticians of CPI/HICP departments in National Statistical Institutes involved in the production of CPI/HICP with one to two years of experience on CPIs
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| Entry Qualifications | - Sound command of English
- One-two years of experience on CPIs
- Participants are expected to take actively part and to interact during the theoretical and practical session of the training
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| Objective(s) | - Aims at enhancing the theoretical and practical knowledge related to the HICP, based on the HICP Methodological Manual and other HICP guidance material
- Describes the purpose, use and construction of HICP
- Participants become familiar with the standard methods, the specific HICP requirements, as well as with recent developments such as the use of scanner data
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| Contents | - Background of the HICP, legal reference and requirements
- Theory and practice of price index
- Sampling, sources and methods
- Web-scraping, scanner data and other data collection
- Index compilation, theory and practice
- Weighting methods
- Quality adjustment, validation
- New data sources and index compilation methods
- Dissemination principles
- Use of HICP
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| Expected Outcome | - Become familiar with the basic principles of indices, use of indices and advantages of HICP
- Learn basic concepts of indices and background theories
- Learn how to calculate indices based on different principles
- Learn how to make good use of indices in macro-economic statistics
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| Training Methods | - Lectures with slide-presentations (and video)
- Case studies, practical exercises and discussions. The participants are expected to be actively involved in the course.
- Presentations and lectures
- Group work in exercises
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| Required Reading | None |
| Suggested Reading | - https://ec.europa.eu/eurostat/web/hicp/methodology -webpage, especially Harmonised Index of Consumer Prices Methodological Manual and Recommendations
- HICP basic act (European Parliament and Council Regulation (EU) 2016/792) and implementation act (Commission Regulation (EU) 2020/1148)
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| Required Preparation | None |
Trainer(s)/
Lecturer(s) | Ms Kristiina NIEMINEN (Statistics Finland) Mr Martin BIRGER LARSEN (Statistics Denmark) Mr Antonio A.G. CHESSA (Statistics Netherlands) |
